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Rubicon Project's Big Winners: Clearstone, News Corp., Mayfield

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Who were the biggest winners in the successful IPO of Santa Monica-based Rubicon Project ? rubicon project merger acquisition clearstone news mayfield winners frank addante Rubicon''s President, Greg Raifman, now holds a stake worth $11.96M; and CFO and COO Todd Tappin''s stake is worth $10.0M.

Clearstone Tops CalPERS IRR List

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Topping the list of IRR investments was Clearstone Venture Partners I-B, L.P. , a 1999-vintage fund from Santa Monica-based Clearstone, which had an IRR of 154.7 investment calpers ventures capital venture avalon clearstonepercent. Second on the returns list was Avalon Ventures VIII, L.P. with 109.7 READ MORE>>.

Clearstone Backs CupidsPlay.com

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Santa Monica-based venture capital firm Clearstone Ventures has backed a developer of an online social dating and games firm, CupidsPlay. CupidsPlay said it received seed funding from Clearstone. cupidsplay clearstone venture capital funding online gaming content videogame social gamesREAD MORE>>.

Clearstone Portfolio Firm Cetas Acquired By VMware

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Cetas was incubated in Clearstone's Palo Alto offices by Sudhakar Muddu, a Ph.D. Financial terms of the acquisition were not disclosed.

Clearstone Gets Exit At Apture

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Santa Monica-based venture capital firm Clearstone Ventures has scored an acquisition in its portfolio today, with the acquisition of Apture by Google. Apture had been backed by Clearstone Venture Partners, Beau Vrolyk, Paul Maritz, and Steve Taylor. Clearstone was involved in Apture's Series A in March of 2009.

Clearstone Backs Openbucks

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Santa Monica-based venture capital firm Clearstone Ventures is backing a Bay Area gift card-based, payment network, Openbucks , as part of a Series A funding for Openbucks. giftcard gift mobile card payment financial capital venture clearstone openbucksREAD MORE>>.

Clearstone Gets Big Win With Meru

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Santa Monica-based venture capital firm Clearstone Ventures was among the big winners Wednesday in the IPO debut of Sunnyvale-based Meru Networks , a developer of virtual wireless LAN products. Clearstone was the biggest shareholder in Meru before the IPO, with 20.9 NeoCarta Ventures, Bluestream Ventures, D.E.

Clearstone I Tops CalPERS Fund Performance

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Santa Monica-based venture capital firm Clearstone Venture Partners currently tops the list for the best performing fund within CalPERS private equity funds, according to recently released figures from CalPERS. According to the numbers, Clearstone Venture Partners 1-B, which was raised in 1999, has returned CalPERS so far 154.7

Tech Investor Pierce Makes Offer For Mt. Gox

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BitAngels angel investment group focused on Bitcoin; is a backer of Santa Monica-based GoCoin; and has investments in such companies as Playsino and Xfire, in addition to being involved with the Clearstone Global Gaming Fund. Gox -- in exchange for a single Bitcoin. Pierce is one of the organizers of the. READ MORE>>.

Clearstone Ventures Into Apture

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Santa Monica-based Clearstone Venture Partners is the lead investor in a Northern California firm focused on the blogging and publishing industry, Apture. David Stern and Sumant Mandal of Clearstone have joined Apture's board along with the funding.

Playsino Releases First Two Network Titles

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The new games are Five-O Poker, developed by Israel-based Chiki Gaming, and Yalla Tarneed, a Middle Eastern card game developed by Yallah Games.

Clearstone's Sumant Mandal On Exits, Opportunities

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Over the last few months, Santa Monica-based Clearstone Ventures (www.clearstone.com) has had a number of high profile exits in its portfolio.

Sixgill Raises $6M For Proximity Sensing

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Ressler was previously a venture investor at Clearstone Venture Partners. Sixgill is led by CEO Phil Ressler. READ MORE>>.

Clearstone Portfolio Firm Meru Networks Files for IPO

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A portfolio firm of Santa Monica-based Clearstone Ventures , Meru Networks , filed for an IPO late Friday night, saying it is looking to go public on the NYSE. Clearstone's William Quigley sits on Meru's board of directors. Tags: clearstone ventures meru networks merger acquisition

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

March Capital Partners Backs E8 Security

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Santa Monica-based March Capital Partners , the venture capital investment firm led by Jim Armstrong, Sumant Mandal, Gregory Milkin, and Jamie Montgomery, is the lead investor in a new cyber security startup, E8 Security. security march capital partners venture clearstone mandal cybersecurity cyberattack software READ MORE>>.

Rubicon Project Surges In IPO

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Santa Monica-based The Rubicon Project , the online advertising technology and exchange operator founded by Frank Addante, surged in its IPO on Wednesday morning, trading up roughly 34% in morning trading. The IPO is a huge win for backers Clearstone Ventures, News Corp., and Mayfield. READ MORE>>.

TONIGHT: Brock Pierce & GoCoin Host Oakland Mayoral Candidate, Bryan Parker

Tech Zulu Event

Events Finance Government Politics 41 Ocean bitcoin Brock Pierce Bryan Parker Clearstone Venture Partners GoCoin Oakland Mayoral Candidate

Playsino Hits 1M Installs

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The firm's CEO is Brock Pierce, a gaming industry veteran who has also been heavily involved in Southern California investments and companies.

BetterWorks Taps Nicole Jordan For Communications Head

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Santa Monica-based BetterWorks , the employee fringe benefits services provider headed by Paige Craig, has tapped LA technology advocate Nicole Jordan as its head of Communications. BetterWorks develops software and services focused on delivering fringe benefits to employees. READ MORE>>.

March Capital Partners Launches $240M Venture Fund

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Santa Monica-based March Capital Partners , the venture capital investment firm founded by venture investment veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery, said this morning that it has had a final close on its first fund, at $240M. READ MORE>>. march capital partners venture investment fund

Los Angeles Startup Community

SoCal CTO

I was just talking with someone who's new to Los Angeles and wanting to connect into the Los Angeles Startup Community. told them that I had recently seen several posts/articles talking about how vibrant the community has become. As is usual, I couldn't remember where I had seen those posts. will do my best to keep this up to date.

March Capital Partners Backs Appcito

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Santa Monica-based venture capital investor March Capital Partners --the new investment firm led by longtime Southern California venture capital veterans Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery--has made an investment in cloud application infrastructure developer Appcito. READ MORE>>.

Rubicon Project: $100M+ In Revenues This Year, Profitability In Q4

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Santa Monica-based Rubicon Project , the online advertising optimization firm founded by Frank Addante, is on track to do $100M in revenues this year and will reach profitability in Q4, according to a blog post by Addante Tuesday afternoon. READ MORE>>.

TechZulu Presents: The Annual Startup Forecast

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28 from 7pm-10pm in Santa Monica. There will be plenty of  FREE  food and drinks! We will have an amazing treat for you all. in 2004.

Geodelic Confirms Verizon Relationship

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Geodelic has previously raised funding from Clearstone Ventures, Shasta Ventures and MK Capital, all of whom also participated in that June investment.

Los Angeles Venture Investors Get Their Mojo Back

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For several years, the phrase "Los Angeles Venture Capitalist" had almost become an oxymoron. READ MORE>>. investment investor capital venture angele

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

There’s Santa Monica, Westside, Hollywood, Downtown LA, the Valley, and Pasadena. Past Startups Uncensored LA Tech Events. link].

Geodelic Ships Application With T-Mobile

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Santa Monica-based Geodelic announced today that the firm is shipping a new application for local discovery, along with T-Mobile USA.

Geodelic Wins Clear Channel

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Geodelic is venture backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. Financial impact of the win was not disclosed.

Mobile Wallet Solution Kuapay Unveils New Interface & Features For User Security

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Founded in Santa Monica in 2010, Kuapay, has been steadily perfecting its product through a variety of pilot programs both in and outside of the U.S.

Geodelic Raises $7M

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The funding came from MK Capital, Clearstone Ventures, and Shasta Ventures. The funding brings the company's total raised to around $10.5M.

Rubicon Project Opens London Office

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Santa Monica-based internet advertising firm the Rubicon Project said Thursday that the firm has officially opened up its London offices, and hired on a Director to handle UK publishers. Thomas was most recenlty at Xelector, and has also served at AOL Europe, and has a degree from UCSB. READ MORE>>.

Geodelic Rolls Out Clear Channel App for Android

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Geodelic is backed by Clearstone Venture Partners, MK Capital, and Shasta Ventures. The two had announced the deal in August. READ MORE>>.

Rubicon Project Up 33.60 Percent In IPO

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Santa Monica-based The Rubicon Project , which develops ad optimization technology and operates a related online advertising exchange, closed up 33.60% at $20.04 in its first day on the markets, after its debut as RUBI on the New York Stock Exchange. Rubicon was venture backed by Clearstone Ventures, News Corp., and Mayfield.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. Here's the rest. Here’s how to do it.

Rubicon Serves Up A Trillion Display Ads

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Santa Monica-based Rubicon Project , the online ad network optimization firm, told its customers today that it has just optimized its one trillionth display ad. Rubicon is venture backed by News Corporation, Clearstone Venture Partners, IDG Ventures Asia, Mayfield Fund, NBC Universal's Peacock Equity Fund and Jarl Mohn.

ThisNext Gets $1.2M In Funding Round

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Santa Monica-based ThisNext , the online social shopping and product discovery site now being run by Matt Edelman, has raised $1.2M in a round of funding, according to a regulatory filing from the firm today. Clearstone Venture Partners and Anthem Venture Partners. READ MORE>>.

ThisNext Gets $1.2M More

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Santa Monica-based ThisNext , which operates an online social shopping site and community, has raised another $1.2M in venture funding, according to a regulatory filing from the firm Thursday. The funding brings the company's total raised to around $9.7M in funding. READ MORE>>.

Venture Firms Invest Around $1.6 Billion In Q2 2010 In SoCal

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Other active firms included Bessemer Venture Partners, Redpoint Ventures, Palomar Ventures, Clearstone Venture Partners, Domain Associates, The Westly Group, Life Science Angels, Kleiner Perkins Caufield and Byers, Idealab, Versant Ventures, Anthem Ventures, New Enterprise Associates, and First Round Capital. billion in Q2 of last year.